According to GTPL Hathway's latest financial reports and stock price the company's current Operating Margin is 6.35%. At the end of 2022 the company had an Operating Margin of 12.01%.
Year | Operating Margin | Change |
---|---|---|
2022 | 12.01% | 2.9% |
2021 | 11.67% | 76.63% |
2020 | 6.61% | 90.33% |
2019 | 3.47% | -61.26% |
2018 | 8.96% | 99.76% |
2017 | 4.49% | 129.16% |
2016 | 1.96% | -52.73% |
2015 | 4.14% |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.